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I thought this contradicted the IEA's World Energy Outlook, but then I saw this in an earlier diary of yours.

Bush claiming 'Energy Independence' mantle already by Jerome a Paris on November 10th,  2006

The world is on a course that will lead it "from crisis to crisis" unless governments act immediately to save energy and invest in nuclear and biofuels, the International Energy Agency warned yesterday.

In an apocalyptic forecast, Claude Mandil, the agency's executive director, said that our current path "may mean skyrocketing prices or more frequent blackouts; can mean more supply disruptions, more meteorological catastrophes - or all these at the same time".

The IEA said the oilfields on which Europe and the US had come to depend to reduce their reliance on the Organisation of the Petroleum Exporting Countries would peak in the next five to seven years.

This is a quotation from the FT 8 months ago.

Can the last politician to go out the revolving door please turn the lights off?
by Migeru (migeru at eurotrib dot com) on Mon Jul 9th, 2007 at 10:18:02 AM EST

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